AHEAD CONSULTING AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-05-09; registry 2019-06-13; journal 2019 417218
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AHEAD CONSULTING AS. Revenue 3.51m NOK → 3.36m NOK (-4.2%). Net result +493.73bn NOK → 0 NOK. Equity 86.8k NOK → 33.8k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AHEAD CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.69m NOK → 3.74m NOK (+121.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.51m NOK to 3.36m NOK (-4.2% YoY). Calculated
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↓
Net result weakened
Net result +493.73bn NOK → 0 NOK (net margin 14067644.1% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 86.8k NOK → 33.8k NOK (equity ratio 3.7% → 2.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.46m NOK → 2.38m NOK (42% → 71% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 4.21m NOK → 211.1k NOK. Reported fact